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... the ... bite the dust Graff Diamonds becomes the latest company Asia to hold its IPO ... I'm Isabella say can you watching Asia today I'm joined banishing Topol and Asia deals editor with the Journal and Hong Kong ... they show up until early this week the founder of Laurence Graff is very bullish so even though budget companies report that kids in a jet ... that today we know that the company's decided it's going to shelve that what happens it's not surprising shelves and I mean isn't that much in the Hong Kong market is down more than ten percent of the past month it's one of the worst performers ... in the region ... apart from that it's a very difficult ... I can't Italian been seen as a bid aggressively priced piece of the data the valuations ... and how it had to ... say much the company said it was in a chair on Mean woman Graff was priced to ear and come at the top ten in with them price of three four times earnings which ... um and honk on this um car was Friday which also listed last year is the other for an IPO ... but its expense and globally seem to get Harry Winston which assaulted time and wear chain ... which also sells weird I mean it's priced at fourteen times in the UK ... so I mean in Zurich sorry ... so ... it so it's not unusual I mean it's not surprising to those holes in the end of this that with the dentist next right thing and ... also in Singapore we've seen on another front in illegal activity ... to date the offenders ... I ... so it does this mean that if CNBC and I'm giving a judge to be fair and I don't think the moment I think they're hoping their team big IPO's coming out there still ventilation which is nearing three or three point two billion dollars at the young state-owned palm oil exactly so if this goes well then I guess that will be a good sign but then there's some unique characteristics about held its own but it's a good pic of the deal has been sold cornerstone investors things can get you get a deal to get done that so ... they're asking for two billion dollars with a lot of money he has come to market and with the still fun though planned Formula one which is ... it's time to file for its prospective next week ... um yes they'll be ideal to get time the kids it's a it's another for Nike is seeking to a three nation building its brand ... that s going to do something different with its structure and face a very strange structure and they want to sell shares to learn that the same time it's been a difficult IPO for people to understand ...